Page 13 - Start Ups

Agritech startup Arya.ag raises Rs 242 crore in pre-series D funding round

The company, an integrated grain commerce platform, said in a statement that the amount was raised in a Pre-Series D funding round, led by Switzerland-based investment firm Blue Earth Capital

Tech for better sleep: Wakefit launches AI-powered sleep solutions

The sleep technology firm has come up with the country's first-ever line of AI-powered sleep solutions; plans to scale up stores across major cities in 8-10 months as part of an omnichannel strategy

Startups taking longer to hit Series A stage, fintech sees dip in avg time

An analysis of 10 sectors that received the most funding in 2023 shows that nine of them experienced an increase in the time taken to reach Series A compared to 2019

Funding into AI-focused startups more than doubles to $24 bn in Q2

Overall startup funding grew 16% sequentially to touch $79 bn in last quarter, primarily driven by investments in AI, which became largest sector for first time, followed by healthcare and biotech

G.O.A.T Brand Labs raises $21 mn from BlackRock, Mayfield, others

While GOAT has completed the $21 million raise, the round is likely to get extended and close at about $30 million given the interest and the active discussions

Lonely dead pool club: Shutdowns fall 99.8%, startups face a zombie threat

While founders have now become more prudent, there are firms that continue to burn cash to survive and may soon end up in the dead pool once their runway ends

Cash-flush quick-commerce unicorn Zepto loads up talent cart ahead of IPO

Ahead of its public listing, Zepto plans to ramp up hiring, aiming to add between 400 and 500 employees, focusing on engineering, product, category, growth, and marketing roles

Zepto's sales could surpass DMart in next 18-24 months: CEO Aadit Palicha

Palicha says Zepto's topline could scale to over Rs 2.4 trillion over the next 5-10 years

iVP Semiconductor aims for revenue of $70-100 million in next 3-4 years

The company has also secured $ 5 million in a pre-series A Funding for its expansion plans

We could have done better, no secret about it: Paytm's Vijay Shekhar Sharma

In January this year, the banking regulator placed crippling restrictions on Paytm Payments Bank citing persistent non-compliance at the bank

Lack of skilled researchers, not funding, a bigger problem for AI startups

Anandan also said India had the largest number of STEM graduates. "We just need to make sure we invest in them over a period of time"

Unacademy gives pink slips to 250 employees in another round of layoffs

Unacademy has had multiple rounds of layoffs since 2022. Its workforce is down to below 3,000 as against 6,000 in the early part of 2022, according to sources

Byju's second rights issue: Karnataka HC sets aside NCLT interim order

Byju's recently moved the Karnataka High Court challenging the order of the National Company Law Tribunal (NCLT) restraining it from going ahead with the second rights issue

Impact of Digital Competition Bill on India's homegrown startup ecosystem

The Draft Digital Competition Bill is part of a more significant endeavour by the government to address the above competition concerns in the digital and technology ecosystem

YC-backed AI startup Pivot Robots raises funding from NuVentures

Pivot Robots, founded last year by two Carnegie Mellon University graduates Siddharth Girdhar and Vignesh Rajmohan, uses artificial intelligence to power automation in the manufacturing sector

Indian family offices change startup bets after funding peaked in 2021

Consumer, retail and transportation and logistics technology startups have been the largest beneficiaries

Byju failed because he didn't listen to anyone: Unacademy CEO Gaurav Munjal

Munjal questioned Raveendran's leadership and his ability to take feedback

AWS launches accelerator programme to support space-tech startups

Amazon Web Services (AWS) on Friday launched a space accelerator programme to support 24 startups.

Nodwin Gaming to increase its ownership in Freaks 4U in Rs 271 cr deal

By integrating Freaks 4U Gaming's expertise and resources, Nodwin is poised to expand its global footprint in the gaming and esports industries, says Akshat Rathee, co-founder of Nodwin Gaming

Top 5 renewable energy business ideas for 2024; check the list below

The global shift to renewable energy sources has given rise to huge business opportunities. Here are the top 5 renewable energy business ideas 2024